Barchester Healthcare, the care home giant owned by Irish billionaires Dermot Desmond, JP McManus and John Magnier, is set to acquire a group of 24 nursing homes in Britain, it has confirmed.
A deal has been agreed at £160 million to buy the homes, branded under the name Brighterkind, from private equity magnate Guy Hand’s Terra Firma Capital Partners.
Barchester’s existing portfolio consists of 200 facilities with 11,000 residential clients. The deal will add...
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